New Ventures

ALICE Technologies Extends Funding Series B Round to Access $47M in Capital

Retrieved on: 
Tuesday, April 11, 2023

SAN FRANCISCO, April 11, 2023 /PRNewswire/ -- ALICE Technologies announced that it has extended its Series B funding round by an incremental $13 million with equity financing from Swire Properties, plus a term loan from Bridge Bank, bringing the total value of the Series B funding to $47 million to date. ALICE Technologies' construction optioneering platform helps general contractors and owners worldwide to leverage the power of artificial intelligence to plan, bid and build their large-scale industrial, infrastructure and commercial projects more efficiently and with reduced risk.

Key Points: 
  • SAN FRANCISCO, April 11, 2023 /PRNewswire/ -- ALICE Technologies announced that it has extended its Series B funding round by an incremental $13 million with equity financing from Swire Properties, plus a term loan from Bridge Bank, bringing the total value of the Series B funding to $47 million to date.
  • "As they expand the variety and number of projects on which they use ALICE, we must scale to meet demand.
  • This financing extends the company's Series B round that ALICE announced in June of 2022 , and which was led by Vanedge Capital.
  • Additional new investors included Bouygues, Gaingels, GRIDS Capital, JLL Spark, and MetaPlanet, which joined the round along with existing investors Future Ventures, Merus Capital, and Rising Tide.

Ten Startups Join the 2023 Class of the Comcast NBCUniversal SportsTech Accelerator for a New, Expanded-Format Experience

Retrieved on: 
Tuesday, February 28, 2023

Today, 10 startups kicked off the third class of the Comcast NBCUniversal SportsTech Accelerator , powered by Boomtown.

Key Points: 
  • Today, 10 startups kicked off the third class of the Comcast NBCUniversal SportsTech Accelerator , powered by Boomtown.
  • Since the first class in 2021, SportsTech startup alumni have participated in 90 pilots, partnerships, and commercial deals with consortium partners.
  • "As we evaluated how to bring even more value to our startups and SportsTech partners, a clear need emerged - more time collaborating to tackle complex business challenges.
  • The 2023 class of the Comcast NBCUniversal SportsTech Accelerator program includes:
    Aircast provides sports fans direct access to near zero-latency multi-view video, audio, and data, making them the director of their own experience.

CHIPOTLE INTRODUCES NEW CALIFORNIA INSPIRED FRESH EATERY CONCEPT, FARMESA

Retrieved on: 
Wednesday, February 15, 2023

Farmesa is a fresh, bold concept featuring delicious proteins, greens, grains and vegetables that are inspired by Chipotle's Food with Integrity standards.

Key Points: 
  • Farmesa is a fresh, bold concept featuring delicious proteins, greens, grains and vegetables that are inspired by Chipotle's Food with Integrity standards.
  • The concept will soft open with an abbreviated menu and limited hours before officially rolling out next month.
  • Farmesa will launch with a limited run menu to help the restaurant team learn on various cooking techniques and maximize throughput.
  • Farmesa will also proudly serve 100% Certified Organic, Non-GMO and All-Natural drinks from Tractor Beverage Co along with still and sparkling water.

Thrasio Names Steven Shure as President and Chief Commercial Officer

Retrieved on: 
Thursday, February 9, 2023

WALPOLE, Mass., Feb. 9, 2023 /PRNewswire/ -- Thrasio Holdings, Inc. ("Thrasio"), a market-leading next-generation global consumer goods company, today announced that Steven Shure will join the company as President and Chief Commercial Officer (CCO). Shure is a general manager and technical leader who has held a host of critical leadership roles at Amazon, spent two decades at Time Inc., and most recently served as Chief Business Officer at Neeva, the world's first advertising-free, private, user-supported search engine.

Key Points: 
  • WALPOLE, Mass., Feb. 9, 2023 /PRNewswire/ -- Thrasio Holdings, Inc. (" Thrasio "), a market-leading next-generation global consumer goods company, today announced that Steven Shure will join the company as President and Chief Commercial Officer (CCO).
  • After Time Inc., where he led marketing for iconic brands like People and Sports Illustrated, Shure joined Amazon.
  • As the first VP of the then nascent Amazon Prime program, Shure oversaw Prime product, marketing, engineering and global expansion.
  • As Shure joins Thrasio as President and Chief Commercial Officer, Danny Boockvar takes on a new position: President, Mergers and Acquisitions (M&A) and New Ventures, a move that signals the company's continued growth plans.

UNIVERSAL PARKS & RESORTS PLANS TO BRING NEW CONCEPT FOR FAMILIES WITH YOUNG CHILDREN TO FRISCO, TEXAS

Retrieved on: 
Wednesday, January 11, 2023

FRISCO, Texas, Jan. 11, 2023 /PRNewswire/ -- Universal Parks & Resorts announces a one-of-a-kind theme park, unlike any other in the world, specifically designed to inspire fun for families with young children. The new park concept, set in a lush green landscape and featuring immersive themed lands, celebrates Universal's iconic brand of entertainment, humor and innovation and brings to life its beloved characters and stories in ways that will wow even the youngest theme park goers.

Key Points: 
  • The proposed park will be designed to be more intimate and engaging for younger audiences and will be sized for a regional audience.
  • It will be full of family-friendly attractions, interactive and playful shows, character meet and greets, unique merchandise and fun food and beverage venues.
  • Universal Parks & Resorts selected the city of Frisco, in North Texas, as the area for this new concept given the city's growing population and ability to attract businesses to the area.
  • "This new Universal concept will continue to enhance our tax base, expand employment opportunities and bring even more fun to Frisco benefiting our residents, businesses, and visitors."

EQS-News: Supervisory Board appoints Dr. Michael Heckmeier as future CEO of Siltronic AG

Retrieved on: 
Sunday, January 22, 2023

The Supervisory Board of Siltronic AG has appointed Dr. Michael Heckmeier as future CEO.

Key Points: 
  • The Supervisory Board of Siltronic AG has appointed Dr. Michael Heckmeier as future CEO.
  • He succeeds Dr. Christoph von Plotho (67), who has led the Company as CEO since 2010 and who will retire.
  • “We are very pleased to introduce Dr. Michael Heckmeier as an experienced successor to Dr. Christoph von Plotho,” said Dr. Tobias Ohler, Chairman of the Supervisory Board of Siltronic AG.
  • As CEO Michael Heckmeier will lead Siltronic AG into the future with continued great success.“
    „We would like to thank Christoph von Plotho sincerely for his outstanding work at the top of Siltronic.

New Government of Canada Funding Initiative Offers Intellectual Property Support for Canadian Startups

Retrieved on: 
Thursday, January 5, 2023

New Ventures BC is one of the Recipients of the ElevateIP program, an initiative from Innovation, Science and Economic Development Canada (ISED) to provide the tools Canadian startups need to better protect, strategically manage and leverage their IP.

Key Points: 
  • New Ventures BC is one of the Recipients of the ElevateIP program, an initiative from Innovation, Science and Economic Development Canada (ISED) to provide the tools Canadian startups need to better protect, strategically manage and leverage their IP.
  • In Budget 2021, the government of Canada announced $90 million over 4 years starting in 2022-2023 to create ElevateIP.
  • We’re excited to deliver this program and work with ISED to support Canadian innovators.”
    The New Ventures led project is expected to support over 500 tech startups over four years.
  • “Intellectual property is such a key element of starting and growing a business, but it’s often overlooked.

Parex Resources to Hold Investor Presentation in Bogotá, Colombia

Retrieved on: 
Friday, December 2, 2022

CALGARY, Alberta, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Parex Resources Inc. (Parex or the Company) (TSX: PXT) will hold an investor presentation on December 6, 2022, beginning at 1:30 pm EST (11:30 am MST) in Bogot, Colombia.

Key Points: 
  • CALGARY, Alberta, Dec. 02, 2022 (GLOBE NEWSWIRE) -- Parex Resources Inc. (Parex or the Company) (TSX: PXT) will hold an investor presentation on December 6, 2022, beginning at 1:30 pm EST (11:30 am MST) in Bogot, Colombia.
  • The presentation will focus on the Companys strategy, operations, and future opportunities in Colombia.
  • Parex presenters will include:
    Mike Kruchten Senior Vice President, Capital Markets & Corporate Planning
    Katie Bernard Vice President, New Ventures
    Ian Zapfe-Smith Vice President, Exploration
    The presentation will be available via webcast.
  • Parex is the largest independent oil and gas company in Colombia, focusing on sustainable, conventional production.

Alberta Carbon Grid secures rights to evaluate one of the largest carbon storage areas available under the Carbon Sequestration Tenure Management

Retrieved on: 
Tuesday, October 18, 2022

The projects AOI is considered an ideal CO2 storage location because of its proven deep porous geological formations and ability to handle decades of storage capacity.

Key Points: 
  • The projects AOI is considered an ideal CO2 storage location because of its proven deep porous geological formations and ability to handle decades of storage capacity.
  • Based on ACGs preliminary analysis, theres confidence in the geological characteristics within the AOI as an excellent long-term and permanent CO2 storage option.
  • ACG looks forward to connecting and working with potential customers across Alberta to meet their carbon sequestration needs.
  • The Alberta Carbon Grid (ACG) is a world-leading carbon transportation and sequestration solution being designed to serve multiple customers, industries, and sectors.

ALSAC names Leena Munjal Chief Strategy Officer

Retrieved on: 
Monday, October 10, 2022

ALSAC , the fundraising and awareness organization for St. Jude Children's Research Hospital , today announced the appointment of Leena Munjal to the role of chief strategy officer, effective immediately.

Key Points: 
  • ALSAC , the fundraising and awareness organization for St. Jude Children's Research Hospital , today announced the appointment of Leena Munjal to the role of chief strategy officer, effective immediately.
  • During her years with the organization, she served in several other roles, including chief digital officer and senior vice president, Customer Experience and Integrated Retail.
  • In addition to Munjal, three new members of the ALSAC senior leadership team were announced today:
    Dave Lew senior vice president, Strategic Marketing.
  • Lew reports to Emily Callahan, chief marketing officer, and will lead marketing initiatives to sustain, cultivate and grow new, diverse supporters.